Hotel room rates in India continue to stay elevated after Diwali amid strong travel demand. Sciative Solutions forecasts further rate increases beyond the festival period.
Hilton Worldwide reported 5.8% system-wide RevPAR growth and $1.058 billion adjusted EBITDA in Q3 2026. The company opened over 180 hotels, marking a record quarter for organic room additions.
Minor Hotels has signed an agreement with Amal Group to launch Gardens of Eden Resort Phuket as its first Minor Reserve Collection property in Asia. The 310-key resort is scheduled for 2031 opening in Bang Tao, Phuket.